Airtel Africa Plc (AAF.L)
Airtel Africa Plc operates in the Telecommunications Services industry of the Communication Services sector, headquartered in London, GL, GB. The stock last traded at $324.40, up 0.12% on the session, giving a market capitalisation of $11.79B. Its beta of 0.47 implies it has historically moved less than the broad market.
Airtel Africa Plc, operating alongside its various subsidiaries, functions as a leading pan-African provider of telecommunications and mobile financial services. The company's operations are strategically focused across Nigeria, East Africa, and Francophone Africa. Its comprehensive telecommunications portfolio includes both pay-as-you-go and contract-based wireless voice services, international roaming capabilities, and traditional fixed-line telephone connections. Furthermore, it delivers advanced data communication solutions, utilizing 2G, 3G, and 4G network technologies. Beyond connectivity, Airtel Africa offers a robust suite of mobile money services, such as digital wallet payment systems, accessible microloans, savings products, and convenient international money transfers. The company also provides a range of other services, including messaging, value-added services (VAS), enterprise solutions for businesses, and infrastructure sharing arrangements, along with necessary support services. Additionally, it is involved in the retail of mobile handsets and participates in various investment activities. Established in 2018, Airtel Africa Plc is headquartered in London, United Kingdom, and operates as a subsidiary of Airtel Africa Mauritius Limited.
Airtel Africa Plc is most often compared with the following Communication Services names: